What are Some Tips on Going into Business for Yourself? 

I ran my own business for 16 years. Some company trying to buy their way into the market bought my company right before covid. I can confirm what Tim is saying 100%. It's good advice. In my industry, a single piece of equipment can range from $5000 - 15,000USD. A segment of the industry was a race to the bottom with pricing. People were doing all this work and charging $400-500 for the day. It was stupid. Charge more. People will pay it. The only thing Tim missed which is really important. If you ignore practices (doctors, lawyers, dentists, etc. -- they're structured differently), 80% of partnerships fail within 5 years. Never, under any circumstances, should you ever enter a partnership. One person owns the business. The second person becomes a highly compensated employee. You aren't going to be the 20% that survive beyond 5 years. And of that 20%, I don't know the survival rate after 8 or 10 years. My guess is it's not great.

My uncle was a sculptor and ran into the same issue with people not charging what they are worth. I think that’s an independent business problem rather than a tech or consulting issue

Excellent advice Tim, principally the accountant.

Thanks for those great tips Tim!

good job male, thanks!

🎉I got a c# job last three weeks because of you and today I got a Java position in a different company because of amigoscode 🎉

Thank you Tim, I experienced most of those situations for years, and you are 100% right. Now, what to do to attract clients, how can companies find me?

Very good and helpful video. Thank you!

Impressive. Very nice. Let's see Tim Corey's card.

Nice tutorial Michael,

Wow right on time 😂😂😂 I am thinking about it for quite some time thank you very much

a 50 dollar per hour is a lot for me.. that made me financially stable 😂

je suis un francais les gars car il y a la traduction en francais ceux qui sont francais mais qui ne comprend un tout petit peut la langue

What are some points to think about when starting a software business? (other than some of the points mentioned in this video)

I wish its get work

Situation of every person starting a business is not at all same. These general suggestions are okey but useless in most cases.

Capital - that's my number one priority, without it, no business to start with.